Service & Supply


Global Partners Will Acquire Exxon, Mobil Gas Stations

Global Partners LP will purchase 97 Mobil- and Exxon-branded retail gas stations and seven dealer supply contracts for about $156 million. The stations are in New York and Maryland/Washington D.C. 

Tue, 04/14/2015 - 09:47

CLS Acquires Horizon Marine

A French satellite systems operator, Collecte Localisation Satellites SA, bought U.S. Gulf of Mexico-focused Horizon Marine Inc. Horizon provides metocean forecasting services. No transaction details were provided in a press release.

Fri, 04/10/2015 - 09:42

Halliburton Will Separately Market Drilling Businesses

Halliburton Co. will separately sell its fixed cutter and roller cone drillbits, directional drilling and LWD/measurement while drilling businesses. It is currently working to acquire Baker Hughes Inc.

Wed, 04/08/2015 - 14:59

Oceaneering Wraps Up Acquisition Of C&C Technologies

Houston-based Oceaneering will absorb 550 C&C personnel.

Emily Moser
Tue, 04/07/2015 - 10:30

Russia’s Eurasia Drilling Extends Schlumberger Deal Deadline

In February, Schlumberger said it planned buying a 45.65% stake in Eurasia for about $1.7 billion, potentially becoming sole owner of Russia's most active oilfield services company, Reuters said.

Mon, 03/30/2015 - 08:48

HAL/BHI Stockholders Approve Merger

Special meetings determined the shareholders’ votes. The merger of Halliburton and Baker Hughes is scheduled to close in the second half of 2015, subject to regulatory approvals.

Fri, 03/27/2015 - 15:02

Galenfeha Closes Daylight Pumps Acquisition

Chemical injection systems seller Galenfeha acquired chemical injection pump systems maker Daylight Pumps. The North American chemical injection market share is about $1 billion annually.

Fri, 03/27/2015 - 11:20

C&J Energy Services Ltd. Emerges From C&J, Nabors Merger

C&J Energy Services Ltd. is led by current C&J management and will be based out of Bermuda. The transaction was originally announced June 25, 2014.

Wed, 03/25/2015 - 09:43

Superior Energy Services Seeks Assets From BHI/HAL Merger

Superior is interested in assets Baker Hughes Inc. and Halliburton Co. must sell during their merger, Bloomberg said. Superior, seeking international exposure, will become the fourth-largest oilfield services company.

Mon, 03/23/2015 - 15:31

Halliburton, Baker Hughes Seek April Asset Sales

Several batches of overlapping business lines will be unloaded to win U.S. Justice Department approval for their $34.6 billion combination, according to people with knowledge of the matter, Bloomberg said.

Mon, 03/23/2015 - 10:35

FMC Technologies, Technip Will Form JV

The subsea umbilical, riser and flowline systems (SURF) and subsea production and processing systems (SPS) will be  integrated, reducing total ownership cost and increasing reliability and uptime.

Mon, 03/23/2015 - 08:57

L.B. Foster Acquires Inspection Oilfield Services

Inspection Oilfield Services made about $120 million in sales in 2014, and L.B. Foster said the acquisition will be accretive to earnings in 2015. 

Wed, 03/18/2015 - 10:12